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Angel Broking

Overview Overall

"Angel Broking is a renowned name in share brokerage Industry with over 10 lakh customer base, powerful online trading tools, Research based investment advice, dedicated customer service. Angel Broking is best suited for new entrants in the market who can get help from its branches in your neighbourhood but at the cost of paying high brokerage."

Angle Broking is a market leader in financial product distribution with huge network of own offices, sub brokers and investment associates."

Brokerage & Other Charges

Mobile Trading

Research

Customer Services

Why Angel Broking?

Wide Network with over 8500 Sub-brokers and Franchise partners in 900+ cities in India.

Angel Broking is an Indian Stock Broking firm which is established in 1987. The company is a member of the BSE, NSE and two leading commodity exchange in the country NCDEX and MCX. It is a depository participant with CDSL.

The company has 8500+ sub-brokers and franchisee outlets in more than 900 cities across India.

In 2006, the company started its Portfolio Management Services (PMS), IPOs business and Mutual Funds Distribution (MFD) arm. The company publishes research reports on areas related to investment broking.

The Angel broking is been awarded with many prestigious awards in financial sector like Top Performer in equity segment award in BSE 2015, D&B Equity Broking Award for 'Best Equity Broking House' 2015. Angel Commodities Broking (P) Ltd. is subsidiary of Angel Broking for commodities trading.

Angel Broking is a full service stock broking company in India which began its operation in1987. It is one of the leading stock brokers in the space with around 8500+ sub-brokers and franchisee outlets in more than 900 cities across India. The broker provide NRI services to its 800 k + retail NRI clients across 143 nations and territories. Angel Broking provides research & recommendations to its clients through their in-house research team & experts.

Through Angel Broking, you can trade in Equity, F&O, Commodities and currency across BSE,NSE,NCDEX & MCX. It not only provides platform to trade in Mutual Funds, and IPOs but also provides guidance for trading in stock market and value-added tools and services to enhance your trading experience.

The full Service broker also offers services like Portfolio management, Investment Advisory, Life Insurance, Personal Loans and Depository Services. Angel Broking is registered as a Depository Participant with CDSL.

Affiliation Details

CIN : U67120MH1996PTC101709

Angle Broking NSE Member ID:

Capital Market (CM) - INB231279838

Future & Options (F&O) - INF231279838

Currency Derivatives (CDS) - INE231279838

Angle Broking BSE Member ID :

Capital Market (CM) - INB010996539

Future & Options (F&O) - INF010996539

CDSL : IN-DP-CDSL- 234 - 2004

MSEI : INE261279838

PMS : PM/INP000001546.

Customers Service

Angle Broking

offers multiple communication channels to its clients for using the customers' service

Account Opening & AMC Charges

Trading Account / Demat opening is onetime fee that Angel Broking charge while initiate your account opening process. Trading /Demat AMC (Annual maintenance Charges) is an annual fee charges by Angel Broking to maintain your account, this is annual charges and deduct from your account even if you haven't trade for a year.

The Demat Account Opening Fees of Angel Broking is free. Their AMC charges depend on plans they offer. Angel Classic plan has AMC fees of Rs.450. Angel Preferred comes with free AMC for 1st year while AMC is charged post 1 year. 2nd year AMC is free with Angel Premier plan & post that it is chargeable. Angel Elite plan offers 3 year AMC free & post that it is chargeable. This plan has one more offerings which makes AMC lifetime free i.e. when a client pays Rs. 300,000 or more margin money

Type

Account Opening (One Time)

Annual Maintenance Fees (Yearly)

Trading Account

NIL

NIL

Demat Account

NIL

INR450

The Final Thoughts

Angel Broking is a renowned name in share brokerage Industry with over 10 lakh customer base, powerful online trading tools, Research based investment advice, dedicated customer service. Angel Broking is best suited for newbie's in the market who can get help from its branches in your neighbourhood but only at the cost of paying high brokerage.

The challenge Angel Broking and all other full service brokers are facing with emerge of new discount brokers in market is inevitable and has to compete hard to stay in business. But in today's changing scenario where Brokerage Industry is moving towards flat rate brokers or discount brokers and with availability of high speed internet, increased use of computers and customer long term desire to reduce the brokerage, big names like Angel Broking even has to work hard for being in the business.

The Broker doesn't have good repo over customer service as far as reviews are concerned .They also have minimum brokerage of Rs 30 which is like additional charges to trade in Penny Stocks.

As far as the brokerage goes, it is a costly deal for casual investor and day traders, because they will fall either in higher bucket of brokerage or constraint of minimum brokerage.

Articles & Blogs

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